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The Icelandic krona (ISK) was very strong in the years 2005-2007. What caused the ISK to be so strong then? Then the ISK collapsed in

The Icelandic krona (ISK) was very strong in the years 2005-2007. What caused the ISK to be so strong then? Then the ISK collapsed in 2008. Why did the ISK collapse?


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The strength of the Icelandic krona ISK from 2005 to 2007 can be attributed to several factors 1 High Interest Rates During this period Iceland mainta... blur-text-image

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